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Dec 28, 2012
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republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months will start losing their unemployment benefits tomorrow and the nation runs out of borrowing authority to finance or $16 trillion debt on monday. they can use extraordinary measures until they go into default. extraordinary. that might be a word that apply to then tire situation. >> major garrett, thank you very much. >>> republican bob corker of tennessee has offered proposaled to break this. senator, good morning to you. >> good morning, jeff. good to be with you. >> are we going over the fiscal cliff? >> it dmends on what that means. i think 98% of our country can be assured that ove
republicans expect to vote then on whatever fiscal cliff bill the senate passes. all this one day before the deadline and the warnings of a recession that have rattled wall street and consumer confidence. >> they know it will have an anything ticket impact on the economy and they know it will have a negative impact on their families and they expect us to be here and work and we're not. >> deadlines are approaching. 2 million americans who have been out of work for more than 6 months...
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Dec 28, 2012
12/12
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cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker does congress realize how ridiculous this looks to the american public duelling press conferences, zero substance. we are minutes away from a deadline here and it doesn't look like anyone in washington is taking it seriously. >> i think most of us understand it. i think you guys know that i've laid out a very detailed bill to deal with it. i shared it with the white house, with speaker boehner, with leaders at every level. i've put forth an entitlement reform package. the problem is we don't want to face up to the tough issues that our nation is dealing with and yes, i think we understand that. we should not be having back room meetings. the reason we have the closed door meetings is again we don't have the courage to debate these issues out on the senate floor. >> so that no one gets the blame, instead everybody gets the blame. >> that's exactly right. >> i want to ask you a question about speaker boehner and plan
cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker does congress realize how ridiculous this looks to the american public duelling press conferences, zero substance. we are minutes away from a deadline here and it doesn't look like anyone in washington is taking it seriously. >> i think most of us understand it. i think you guys know that i've laid out a very detailed bill to deal with it. i shared it with the white house,...
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Dec 27, 2012
12/12
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on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a letter to congress said wednesday the united states will hit the $16.4 trillion debt limit on new year's eve, and treasury will have to take extraordinary measures to continue borrowing. the president will arrive at the white house around noon and start trying to hammer out a deal on the fiscal cliff, but there is no guarantee of success because the parties are still far apart. rebecca and jeff in. >> all right, chip thank you very much. >>> the world's largest
on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act....
889
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Dec 24, 2012
12/12
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this may be divine intervention because we didn't deal with the fiscal cliff. >> a senator from idaho is apologizing for his dui arrest. police stopped republican mike crapo in alexandria, virginia. >> after 80 years in print, "newsweek" magazine has its last issue on stands today. it will continue its digital format. >> if you haven't finished your holiday shopping, don't worry. millions of americans are expected to hit the store today. >> i have just started. >> i looked at the research footage and looked at your face quite a bit. you don't look a day over than you did 32 years ago. >> wide open with the catch. what a shot. seahawks win it, seattle is in the playoffs. >> and all that matters. >> norad will be tracking santa claus as he makes his way around the world delivering gifts to girls and boys tonight. >> on "cbs this morning." >> from kabul, afghanistan, happy holidays! "cbs this "cbs this morning." >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis charlie rose. gayle king and norah o'donnell are off. >>> on the ground and in the air on this busy day befor
this may be divine intervention because we didn't deal with the fiscal cliff. >> a senator from idaho is apologizing for his dui arrest. police stopped republican mike crapo in alexandria, virginia. >> after 80 years in print, "newsweek" magazine has its last issue on stands today. it will continue its digital format. >> if you haven't finished your holiday shopping, don't worry. millions of americans are expected to hit the store today. >> i have just started....
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Dec 29, 2012
12/12
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us a band-aid to prevent all these fiscal cliff measures from kicking in. but then after that can it pass the house of representatives and will speaker john boehner be able to find a way to get it through that might require actually mostly democratic votes which will leave republicans very unhappy with him. you'll have a couple of needles to thread here. it's still in my view a long shot. you've got to get the senate plan figured out and get it through the house. even then it's probably just a band-aid solution. >> how much more likely is the senate able to strike a deal here? >> i think the senate is a little more likely. in recent history the senate has been in place where there's more compromise, less divided for reasons that are structural. again, the question people need to ask themselves rngs if they hear good news they've reached a deal, an understanding. in particular, is john boehner going to be willing to let it go through the house which could put john boehner's speakership in peril. will boehner fall on his sword to prevent us from going over th
us a band-aid to prevent all these fiscal cliff measures from kicking in. but then after that can it pass the house of representatives and will speaker john boehner be able to find a way to get it through that might require actually mostly democratic votes which will leave republicans very unhappy with him. you'll have a couple of needles to thread here. it's still in my view a long shot. you've got to get the senate plan figured out and get it through the house. even then it's probably just a...